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How to use a free automatic valuation model

by | Jun 3, 2025 | Real Estate | 0 comments

What is an automated valuation model AVM png

How does Homelight’s free home value estimator work?

Homelight’s Home Value Estimator is a fantastic option, including a unique method of evaluating attributes. We have conducted extensive analysis and iterations to determine the correct combination of publicly available, proprietary and user-extracted data to produce more accurate estimates of value.

The process includes a brief questionnaire containing seven questions that have been shown to improve the accuracy of your home’s valuation estimates. The tool requires simple information such as the status of the property and the year it was built.

Another way to find out how much you can offer your home by asking for cash offers from Homelight’s simple sales platform. After answering some basic questions, you can receive an obligated, all-cash offer within 24 hours.

If you accept, you can complete the sale in just 10 days and select your move-out date – no repair, display or agency commission required.

Full-time Real Estate Agents with experience and access to MLS (Multi-List Services) are best suited for reliable CMAs. We are not appraisers, but we can usually be very, very close.

  • Sandy Betts

    Sandy Betts Real estate agent

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    Sandy Betts
    Sandy Betts Real estate agents at Everytahome Currently accepting new customers

    • Years of experience 26
    • trade 211
    • Average price point $387K
    • Single family 141

Work with top agents to determine the value of your home

After you get your online home value estimate from Homelight, we will contact you with your top local real estate agents who can provide your home with a Comparative Market Analysis (CMA). Experienced agents can bypass the limitations of AVM tools to give you an accurate understanding of the value of your home to help you list it at the right price.

“Having a full-time real estate agent with experience and access to Multiple Listing Services (MLS) is best for reliable CMAs. We are not appraisers, but we can usually be very, very close,” Bates said.

Use Homelight’s proxy matching tool to connect to the top local proxy in your region. The best agents can combine the art and science of home value estimation.

Find your ideal real estate agent

We have analyzed over 27 million transactions and thousands of reviews based on your needs to determine which agent is best for you.

Free AVM is a good first step

While automatic valuation models are different from “online assessments,” they can help you get a quick estimate of the value of your home that you can use to start exploring and making plans. However, once you are serious about selling your home, we recommend that you consult the top agents who understand the local market and buyer trends in your area.

Title Image Source: (Caroline Feelgood/Unsplash)

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